PMC tables Rs 8,592 cr draft budget, to focus on completing ongoing projects
WITH NOT much scope to take up new infrastructure projects due to commitment for funding the ongoing mega projects, the Pune Municipal Corporation (PMC) on Monday tabled Rs 8,592 crore draft budget for 2022-23.
While allocation of most of the capital expenditure is for the ongoing projects undertaken by the civic body, a proposal has been made to develop basic infrastructure in the newly merged 23 villages. The PMC’s general body had increased its budget by Rs 8,370 crore in 2021-22.
“We have tabled a realistic budget for 2022-23 with just over 10% increase compared to last year. We had proposed Rs 7,600 crore for 2021-22 and would be executing nearly 80% of it by March-end. For the next financial year, Rs 8,592 crore has been proposed,” said municipal commissioner Vikram Kumar.
